Bloom Energy (NYSE:BE) Stock Price Down 6.2% – Here’s Why

Bloom Energy Corporation (NYSE:BE)’s share price was down 6.2% during trading on Friday. The stock traded as low as $219.17 and last traded at $221.6070. 13,581,831 shares traded hands during mid-day trading, an increase of 4% from the average daily volume of 13,025,386 shares. The stock had previously closed at $236.30.

Key Headlines Impacting Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

• Positive Sentiment: Analyst support remains constructive. Morgan Stanley initiated a Buy rating, while Robert W. Baird raised its price target to $351 and maintained an Outperform rating. Truist also lifted its target to $240, although it kept a Hold rating.
• Positive Sentiment: AI data-center demand remains the core bullish thesis. Oracle has reportedly designated Bloom Energy as the primary power source for a major AI campus, reinforcing the company’s role in supplying electricity where grid capacity is constrained. Bloom’s solid-oxide fuel cells are also being highlighted as a potential beneficiary of continued AI infrastructure spending. Bloom Energy Got Good News From Oracle and Fell Anyway
• Neutral Sentiment: Earnings are the next major catalyst. Wall Street expects year-over-year earnings growth, with the report scheduled for next week, but some analysis says Bloom lacks the usual indicators of a likely earnings beat. Investors will focus on backlog, guidance and whether the company can repeat its prior revenue outperformance. Can Bloom Energy Repeat Last Quarter’s Revenue Beat?
• Negative Sentiment: Profit-taking and valuation pressure are weighing on the stock. Bloom Energy has risen about 157% this year and trades at a very high earnings multiple, increasing the risk that investors lock in gains if growth or guidance disappoints. Bloom Energy Is Up 157% in 2026
• Negative Sentiment: The broader AI-power trade is unwinding. Concerns about debt levels and the sustainability of data-center spending have pressured Bloom and other equipment makers, even after positive Oracle news. The retreat suggests investors are reassessing whether projected AI electricity demand will translate into near-term orders. Bloom Energy Retreats as AI Power Trade Unwinds

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on BE shares. Robert W. Baird lifted their price target on Bloom Energy from $310.00 to $351.00 and gave the stock an “outperform” rating in a research report on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research note on Tuesday, July 21st. Zacks Research cut shares of Bloom Energy from a “strong-buy” rating to a “hold” rating in a report on Friday, October 2nd. Clear Str raised shares of Bloom Energy from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Finally, Roth Capital reiterated a “neutral” rating and issued a $260.00 target price on shares of Bloom Energy in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy presently has a consensus rating of “Moderate Buy” and an average target price of $260.05.

Bloom Energy Price Performance

The firm has a fifty day moving average price of $249.27 and a two-hundred day moving average price of $246.27. The stock has a market capitalization of $65.27 billion, a P/E ratio of 295.48, a PEG ratio of 3.08 and a beta of 3.77. The company has a debt-to-equity ratio of 1.59, a quick ratio of 3.41 and a current ratio of 4.09.

Bloom Energy (NYSE:BE) last issued its quarterly earnings data on Tuesday, July 28th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.39 by $0.39. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $826.13 million. Bloom Energy had a return on equity of 35.45% and a net margin of 7.87%. Bloom Energy’s revenue was up 165.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 earnings per share. Bloom Energy has set its FY 2026 guidance at 2.550-2.850 EPS. As a group, analysts expect that Bloom Energy Corporation will post 2.04 EPS for the current fiscal year.

Insider Buying and Selling at Bloom Energy

In other news, CAO Maciej Kurzymski sold 2,295 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $268.42, for a total transaction of $616,023.90. Following the completion of the sale, the chief accounting officer owned 77,391 shares of the company’s stock, valued at $20,773,292.22. The trade was a 2.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Aman Joshi sold 8,437 shares of the stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $277.17, for a total transaction of $2,338,483.29. Following the completion of the sale, the insider directly owned 147,092 shares of the company’s stock, valued at approximately $40,769,489.64. This trade represents a 5.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 89,698 shares of company stock valued at $21,780,758 in the last quarter. Insiders own 3.00% of the company’s stock.

Institutional Trading of Bloom Energy

Institutional investors have recently made changes to their positions in the business. MJT & Associates Financial Advisory Group Inc. boosted its stake in Bloom Energy by 49.3% during the second quarter. MJT & Associates Financial Advisory Group Inc. now owns 112 shares of the company’s stock worth $34,000 after buying an additional 37 shares during the last quarter. Compound Planning Inc. raised its holdings in shares of Bloom Energy by 1.1% during the 1st quarter. Compound Planning Inc. now owns 3,445 shares of the company’s stock worth $467,000 after acquiring an additional 38 shares during the period. MassMutual Private Wealth & Trust FSB boosted its position in shares of Bloom Energy by 13.8% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 355 shares of the company’s stock valued at $98,000 after acquiring an additional 43 shares during the last quarter. Carolina Wealth Advisors LLC grew its holdings in shares of Bloom Energy by 51.7% in the second quarter. Carolina Wealth Advisors LLC now owns 135 shares of the company’s stock valued at $41,000 after purchasing an additional 46 shares during the period. Finally, Truefg LLC grew its holdings in shares of Bloom Energy by 2.4% in the third quarter. Truefg LLC now owns 2,048 shares of the company’s stock valued at $567,000 after purchasing an additional 48 shares during the period. Hedge funds and other institutional investors own 77.04% of the company’s stock.

Bloom Energy Company Profile

Bloom Energy Corporation (NYSE: BE) develops and manufactures energy-generation and hydrogen technologies. Its primary product is the Bloom Energy Server, a solid-oxide fuel cell system designed to produce electricity onsite from fuels such as natural gas, biogas and hydrogen. The company’s distributed-generation systems are intended to provide reliable, low-emission power for commercial and industrial facilities, data centers, utilities and other large energy users.

Bloom Energy also produces electrolyzers that use electricity to separate water into hydrogen and oxygen.